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Hotel Management Business Seeking Loan in Amritsar, India

Business offering hotel management services seeks funds to start its own hotel in Amritsar.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 6 %
Industries Hotels + 1 more
Locations  Amritsar
Local Time 10:28 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 360 thousand for 10.0% annual interest, 10 years (Native Currency: INR 30,000,000)
Reason: Loan required to build a 25 rooms hotel in Amritsar.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Company Logo
GST Certificate
Business Overview

- Hotel management business with 15 hotels as clients in Punjab, Himachal Pradesh and Uttarakhand.

- We offer complete management services including increasing room revenue for these hotels.

- We have improved 100% revenue for all our clients and case study is available for the same.

- We use both software and manual study to offer best services.

- Promoter used to operate hotels in Amritsar and Thailand before Covid.

- We used to run a hotel on lease (monthly rent INR 2.8 lakhs) and used to earn an average of INR 3 lakhs profit every month for 3 years. It is better to pay the same amount every month as a loan EMI and own the building.

- Business has a single owner and no loans.

- We will start the hotel with 10 rooms and expand to 25 rooms.

- Now complete revenue is generated by hotel management services.

Products & Services Overview

Hotel management.

Lease and revenue sharing.

Revenue management.

In the future, we will have our own hotel to generate additional revenue.

Assets Overview

Business does not have any physical assets. Other assets are existing contracts and business know-how.

Facilities Overview

- Working remotely at the moment from home office.

- We will buy the land and build the hotel. Looking for the land in Amritsar.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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